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MSNBC
Oct 3, 2012 10:00pm PDT
we've been, but where we're going. governor romney has a perspective that says if we cut taxes, skewed towards the wealthy, and roll back regulations, that we'll be better off. i've got a different view. i think we've got to invest in education and training. i think it's important for us to develop new sources of energy here in america. that we change our tax code to make sure that we're helping small businesses and companies that are investing here in the united states. that we take some of the money that we're saving as we wind down two wars to rebuild america. and that we reduce our deficit in a balanced way that allows us to make these critical investments. now, it ultimately is going to be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess or do we embrace a new economic patriotism that says america does best when the middle class does best? and i'm looking forward to having that debate. >> governor romney, two minutes. >> thank you, jim. it's an honor to be here with you,
MSNBC
Oct 5, 2012 6:00am PDT
government phrase looks like an attempt to neutralize attacks on his tax plan as just one more version of, quote, trickle down economics. romney did some major cleanup work yesterday on the comment that had been the most damaging to his campaign in the last few weeks, the 47% comment. >> clearly, in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you'll say something that doesn't come out right. in this case i said something that is just completely wrong. i absolutely believe, however, that my life has shown that i care about a hundred percent. >> that's what he said. everything he said there he said was completely wrong. does raise this question. how many resets can a presidential nominee have? take a look at romney's shifting responses over the last three weeks on 47% to put it all in perspective. >> as i point out i recognize that among those that pay no tax approximately 47% of americans i'm not likely to be highly successful with a message of lowering taxes. you know, it's not elegantly stated. let me put it that way. i am speaking
MSNBC
Oct 5, 2012 2:30am PDT
the last year promising $5 trillion in tax cuts that favor the wealthy. yet, the fellow on the stage last night, who looked like mitt romney, said he did not know anything about that. but i just want to make sure i got this straight. he'll get rid of regulations on wall street, but he's going to crack down on "sesame street." thank goodness somebody's finally cracking down on big bird. who knew he was responsible for all these deficits. >> mitt romney picked up the endorsement of the national rifle association earlier in the day yesterday. had some swagger as he walked on stage last night in fisherville, virginia. >> now, last night was an important night for the country because people got the -- [ cheers and applause ] they got the chance to cut through all the attacks and counterattacks and all of the theatrics associated with the campaign. instead, they were able to listen to substance. i appreciate the fact that jim lehrer asked questions of substance and we each responded to them. i got the chance to ask the president questions people across the country wanted to ask him. such a
MSNBC
Oct 5, 2012 12:00am PDT
, you know what we got to do? we got to get to work. >> i'm not in favor of a $5 trillion tax cut. that's not my plan. >> why won't romney level with us about his tax plan which gives the wealthy huge new tax breaks? >> the obama campaign gets aggressive on mitt romney's lies on the airwaves. >> if we can't trust him here, how could we ever trust him here? >> and on the campaign trail -- >> governor romney made the dance around his positions but if you want to be president, you owe the american people the truth. >> tonight, stephanie cutter of the obama campaign on last night's performance and the way forward. sam stein, e.j. dionne on romney's style versus the president's substance. >> i like pbs. i love big bird. >> david k. johnston on romney's huge tax lie. james hoff of the teamsters on romney's 108 on his feelings for the american middle class. and ohio state senator nina turner on what last night's debate means for the buckeye state. good to have you with us tonight, folks. thanks for watching. if it were just only a game, right? the presidential debate last night was ugly.
MSNBC
Oct 4, 2012 7:00am PDT
on specifics. >> he says that he's going to close deductions and loopholes for his tax plan. that's how it's going to be paid for but we don't know the details. he says that he's going to replace dot frank, wall street reform, but we don't know exactly which ones. he won't tell us. he now says he's going to replace obama care. at some point i think the american people have to ask themselves, is the reason that governor romney is keeping all these plans to replace secret because they are too good? is it because somehow middle class families are going to benefit too much from them? >> let me bring in nick khristoff. let me read one of your many tweets last night, nick. obama is such a gifted speaker but tonight he seemed passive, distracted and defensive. what happened? >> i mean n a word, he blew it. it is not the same as blowing a campaign. i think part of it was expectations and romney did much better than expectations. but beyond that, he let romney get away with accusing him of being the one who is undecided on big banks, on being the one who would let people lose their health in
MSNBC
Oct 2, 2012 10:00pm PDT
caught in a lie today about his secret tax returns. >>> and in voter suppression news, a big win for voters in a pennsylvania courtroom today. and in the rewrite, the only way mitt romney can win the debate, it was all laid out for him by the best republican presidential debater ever, who was of course a fictional character in the t.v. series olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one clic
MSNBC
Oct 6, 2012 5:00am PDT
in tax cuts that favor the wealthy and yet the fellow on the stage last night looked like mitt romney said he did not know anything about that. >> also on thursday mitt romney took another huge step in his unfolding journey of self-discovery. speaking to shawn hennessy on fox news he repudiated the infamous 47% comments he made in may. >> in this case i said something that was just completely wrong. i absolutely believe, however, that my life has shown that i care about 100% and that's been demonstrated throughout my life and this whole campaign is about the 100%. when i become president it will be about helping the 100%. >>> all right. 100%. we're all in on the 100%. first let me throw it up to you guys. we've been chewing over the debate performance. i think my own take, that the president did not perform well in the debate. that's a real novel take on my part. that's what you tuned in for at home. but i don't think he performed as catastrophically poorly as other people seem to think he did. that's more or less where i'm at. maybe that's not great insightment for real hot talk. >>
MSNBC
Oct 4, 2012 7:00pm PDT
$5 trillion tax cut. i don't have a tax cut. >> really? is that so? >> across the board for all american. >> 20% across the board. >> by 20%. >> i don't have a $5 trillion tax cut i don't have a tax cut. >> if you want to be president you owe the american people the truth. >> i will repeal obamacare. >> the best course for health care is to do what we did in my state. >> he is saying he would not cut education. >> he says we need more firemen and more policemen. >> did he not get the message or wisconsin? >> who is the real mitt romney? >> every day he is in a different position. >> i'm going to stop the subsidy for pbs. >> he is going to crack down on seseme street. >> i love big bird. >> elmo has to watch out. >> i think i get the last word. >> with 33 days until the presidential election moments ago on fox news mitt romney said he was completely wrong when he said that 47% of americans are hopele lless losers. he was asked what he should have said. >> what would you have said if he did bring it up? >> well, clearly in a campaign with hundreds if not thousands of speeches and
MSNBC
Oct 3, 2012 7:30pm PDT
mitt romney won't cut taxes on people at the high end of the income scale apreposterous. i think you would agree. obviously if the republicans get into power they are going to cut taxes at the high income and he got on stage tonight and said no. >> romney's problem is that this debate is in 2012, not 1812. we have things we can hit a button to show what he has said before. no doubt mitt romney was at his best tonight but his best is not good enough. when you look at the fact that he's saying that taxes will not go up on the middle class, yet he is proposing all the way through this campaign, dealing with deductions in terms of mortgage investments, dealing with deductions in terms of charity, it will in fact go up on the middle class and a much lower tax rate for the rich. the fact will not bear him out. when he stood there all night advocating states' rights across the board, what is that saying to women about who is going to decide on women's issues? what is that saying to minorities t immigration? this man went back to the 19th century on states' rights all night long. when we hea
MSNBC
Oct 4, 2012 3:00pm PDT
year promising $5 trillion in tax cuts that favor the wealthy, the fellow on stage last night said he didn't know anything about that. the real mitt romney said we don't need any more teachers in our classrooms. but don't boo, vote. but the fellow on stage last night, he loves teachers. can't get enough of them. the mitt romney we all know invested in companies that were called pioneers of outsourcing jobs to other countries. but the guy on stage last night, he said that he doesn't even know that there are such laws that encourage outsourcing. he's never heard of them. never heard of them never heard of tax breaks company for companies that ship jobs overseas. he said if it's true, he must need a new accountant. now, we know for sure it was not the real mitt romney because he seems to be doing just fine with his current accountant. so you see, the man on stage last night, he does not want to be held accountable for the real mitt romney's decisions and what he's been saying for the last year. and that's because he knows full well that we don't want what he's been selling for the last y
MSNBC
Oct 4, 2012 10:00am PDT
running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, the fellow on stage last night said he didn't know anything about that. >> last night i thought was a great opportunity for the american people to see two very din visions for the country. and i think it was helpful to be able to describe those visions. i saw the president's vision as trickle down government and i don't think that's what america believes in. >> overnight polls and "the denver post" give round one to romney. as a republican challenger went after the president's record. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, and economic crisis at the kitchen table, and spent his energy and passion for two years fighting for obama care instead of fighting for jobs for the american people. >> the president faulted romney for being too vague. >> at some point, i think the american people have to ask themselves, is the reason that governor romney is keeping all of these plans to replace secret because
MSNBC
Oct 4, 2012 6:00am PDT
agreements to come through. first on taxes where the president pressed romney on what he characterized as a $5 trillion tax cuts. >> he's saying he's going to pay for it by closing loopholes and deductions. the problem is he's been asked over 100 times how to close the deductions and loopholes and he hasn't been able to identify them. >> virtually everything he said about the tax plan is enaccurate. if it were a tax plan i was asked to support, i would say absolutely not. i'm not looking for a $5 trillion tax cuts. i said i won't put in place a tax cut that adds to the deficit. >> for 18 months, he's been running on this tax plan, and now, five weeks before the election, he's saying his big bold idea is never mind. >> let me repeat what i said. i'm not in favor of a $5 trillion tax cut. that's not my plan. >> it dominated the deficit reduction part of the debate as the president reached back to an iconic moment from the primaries. >> governor romney stood on the stage with other republican candidates for the nomination, and he was asked, would you take $10 of spending cut
MSNBC
Oct 8, 2012 7:00am PDT
different questions -- >> i'm going to call him a liar now. no. talking about the tax plans at the rallies. he was saying the same things on wednesday night and the other piece about how -- >> let me stop you there. i want to read to you if i can about a fact check about the tax. not cutting taxes for the wealthy. in the primary, cut taxes for everyone including the top 1%. suspect that a change? >> no, it's not. he's been saying the entire time that while he would be in favor of an across the board tax cut of 25% for every taxpayer, those making over a certain amount of money he would close tax loopholes so their overall taxes that they pay and the overall tax plan would be tax neutral. i mean, it would be revenue neutral. the other piece is you mentioned this other story -- >> the story is specifics, hasn't it? >> i'll keep going back to this to seep the record straight. you all talking about this story that mitt romney had been saying and reported in other places that this is a new softer side of mitt romney. he's been telling that story for months. and so, i mean, this is all j
MSNBC
Oct 5, 2012 10:00am PDT
two years. tax cuts for the wealthiest americans. how do you make that seem warm and fuzzy? well you just need to shake it up as hard as mitt did last night. so, let's give it a shot. okay. here we go. >> a little magic there. good day. i'm andrea mitchell live in washington today. the white house got some welcome news. a september jobs report with the unemployment number now down to 7.8%, the lowest rate since the president took office, first time below 8%. joining me for the daily fix, chris cizilla, msnbc contributor and managing editor of post-politics.com. the president out on the stump trying to make the best of it, these numbers can bounce around. we'll drill down on the economic facts and figures in a moment, but basically this is a good news. >> yeah. look, good news from the country in that the unemployment rate went down and i would say good news politically for president obama because now the talking point that republicans have used effectively for quite some time to say, you know, 42 straight months of an unemployment over 8%, unemployment had been over 8% every month si
MSNBC
Oct 8, 2012 10:00am PDT
taxes on the middle class. mitt romney has no chance of raising taxes on the middle class. his republican base would kill him. the concept of raising taxes on the middle class will never happen. >> if not, something has to give. then he can't deliver tax cuts. >> you can come up with a tax reform plan. increased revenue that takes down the rates, makes it fairer everybody. it's difficult, but you can do it. >> you can't take the rates down 20% though on top of the bush tax cuts. >> romney said, i have reform principles. they are going to help grow the economy and create jobs but the idea he can raise taxes is fanciful. he'll never do it. >> if you are going to cut taxes for the wealthy as much as mitt romney wants to there is no way or he would have put forth the pro growth plan. he's ring on magic like harry potter will be his treasury secretary. >> he's not going to be able to cut taxes for rich people. he doesn't want to. the idea of pro growth taxes -- >> didn't he say 20% across the board? >> he did, but he also said if you take up the deductions, rich people won't get a b
MSNBC
Oct 2, 2012 7:00pm PDT
lie today about his secret tax returns. >>> and in voter suppression news, a big win for voters in a pennsylvania courtroom today. and in the rewrite, the only way mitt romney can win the debate, it was all laid out for him by the best republican presidential debater ever, who was of course a fictional character in the t.v. series "the west wing." nd.. ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ] right now, she just dreams of an office. get a free trial at constantcontact.com. most paints h
MSNBC
Oct 1, 2012 7:00pm PDT
ryan says they don't have enough time to explain how they will change your tax deductions, like your home mortgage tax deduction, in the romney/ryan tax plan. not enough time. they can't even say if you will pay more or less with their tax plan. well, mitt, i'm sure president obama will give you as many of his minutes as you need to explain it all in wednesday night's debate. >> mitt romney needs a great october. >> we know romney needs a great october. >> to change the course of this campaign. >> the final push is on. >> just days away from the first presidential debate. >> both candidates cramming for the first debate. >> everyone trying to lower expectations. >> franticly spinning to lower expectations. >> >> president obama is an experienced debatetor. >> i'm just okay. >> almost everyone seems to be muting enthusiasm in trying to undersell thvernlths is mitt's first time. >> i don't buy that. >> chris christie is taking a different tack. >> we have a candidate who is going to do extraordinary well on wednesday night. come thursday morning when we get to thursday morning, the ent
MSNBC
Oct 1, 2012 2:00pm PDT
how he's going to end it or for that matter those two two. to finance a big across the board tax cut but not tell us how. not what big across the board deductions he'll deny people in order to pay for it or even what taxes he's been paying himself over the years. or how he'll finance all those popular things in the president's health care plan once he kills the plan itself. lots of secrets. secrets because he himself has no earthly idea what the answers are. i'm joined by democratic strategist bob shrum and salon's joan walsh. first, however, we have two new national polls on the presidential race. let's check the "hardball" scoreboard. according to a new "washington post"/abc news poll, president obama has a two-point lead holding there, 49%, 47%. same score in the new politico poll. obama by two, 49/47. "the new york times" this weekend reported on the two campaigns' ongoing debate preps. here is what they they said about romney's prep. quote, mr. romney's team has clon included that the debates are about creating moments and has eye quipped had i am with a series of zingers he
MSNBC
Oct 5, 2012 2:00am PDT
controversial remarks about the 47% of americans who don't pay federal income taxes. he was asked what he would have said if that came up in the debate. >> clearly, in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you're going say something that doesn't come out right. in this case, i said something that's completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. >> president obama campaigned in wisconsin, sharply criticizing romney's statements during the debate on tax cuts, education, and outsourcing as misleading to the middle class. the president had this to say about his opponent's plan for reducing the deficit. >> but i just want to make sure i got this straight. he'll get rid of regulations on wall street, but he's going to crack down on "sesame street." [ applause ] thank goodness somebody's finally cracking down on big bird. who knew that he was responsible for all these deficits. elmo's got to watch out. >> and vice president joe biden was campaigning in iowa saying that mitt rom
MSNBC
Oct 1, 2012 1:00pm PDT
>>> a make or break week for mitt, and this is his sendoff? >> lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> i think my biggest concern obviously would just be for the -- his mental well-being. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> too long. good lord. on the eve of the first debate, team romney flubs their lines. >> have you got lines already prepared, attack lines? >> i'm not really a line guy. overseas which is where you and i come from means lake superior. where i come from overseas we refer to lake superior. overseas, which as a wisconsinite means lake superior -- >> i'm not familiar with precisely with what exactly i said but i stand by what i said whatever it is. ♪ how you like me now ♪ how you like me now >>> we begin with the hunt to win october and in particular the next five days that could prove decisive in this presidential campaign. indeed, after a cruel summer that extended well into september, mitt r
MSNBC
Oct 1, 2012 8:00pm PDT
asked about the tax cuts for the millionaires proposed by romney and ryan's budget plans. he was a guest on fox news sunday with chris wallace and the vice presidential candidate made some missteps of his own. >> how much would it cost? >> it's revenue neutral. >> i'm just talking about -- the cut in tax rates. >> the cut in tax rates is lowered for all americans by 20%. it's revenue neutral. >> it's not unless you take away the deductions. we're going to get to that. the first half. lowering the tax rates. does that cost $5 trillion? >> no. >> the master of the power point was having a hard time making a point. let's break down what paul ryan is actually saying here. romney and ryan will give $5 trillion in tax breaks to the wealthiest americans. subtract an unspecified amount of money of unnamed deductions. somehow you're going to get a revenue neutral tax plan. it's a plan so bogus not even a fox news host can understand it. >> you haven't given me the math. >> i don't have the -- it would take me too long to go through the math. >> paul ryan, paul ryan, if you want to be a hear
MSNBC
Oct 8, 2012 1:00am PDT
economic theory of tax cuts for the very rich, despite the fact that he denied the existence of tax cuts or the existence of math. the notion that let's go to war on wall street -- go to war with "sesame street" but give wall street a big wet kiss. that's exactly what got us into this mess. >> that's not what they saw. i get the interpretation. you have a campaign to win. but what they saw was one guy who seemed to be someone they'd never seen before. he shattered the fiction of the advertising. he was a guy brimming with new ideas and energy. and they saw the president of the united states sleep walking. >> mike, i don't think -- >> let me finish. the tired contrast rang a bell. romney has ideas, and the president has no vision for his second term. and i think that's what hurt him. >> mike, i don't doubt this was someone they had never seen before. i think there were people in the romney campaign who had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 trillion tax cut. and he said i don't have time. mitt romney said we just don't do math. like mat
MSNBC
Oct 4, 2012 1:00pm PDT
america a lemon. >> there will be no tax cut that adds to the deficit. i'll underline that, no tax cut that adds to the deficit. >> really? okay. what kind of mileage does it get? >> number one, pre-existing conditions are covered under my plan. >> huh? okay. do the brakes work? >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. >> let's not. let's let him respond. >> i get the last word. let me make this comment. >> nope. come on, mr. president, give us a peek under the hood. >> five week before the election he's saying that his big, bold idea is never mind. is the reason that governor romney is keeping all these plans to replace secret because they're too good? is it because that somehow middle class a families are going to benefit too much? ♪ i guess you're just what i needed ♪ >>> we begin with the president criticized as being less than effective last night by hyperventilating pundits across the board, but now getting his own chance to put a spin on the first presidential debate. fresh off last night's face-of
MSNBC
Oct 4, 2012 2:30am PDT
details on taxes and debt and what is best for this country's middle class. >> this is where there's a difference because governor romney's plan calls for a $5 trillion tax cut on top of the bush tax cuts and military spending that the military hasn't asked for. it's $8 trillion. how we pay for that, reduce the deficit and make the investments we need to make without dumping those costs on to middle class americans is one of the central questions to this campaign. >> under the president's policies, middle income americans are buried. they are being crushed. their income has come down by $4,300. this is a tax in and of itself. call it the economy tax. it's been crushing. at the same time, gasoline prices doubled. electric rates are up, food prices are up. health care costs have gone up by $2500 a family. middle income families are being crushed. the question is how to get them going again. >> governor romney defended his tax plan repeatedly. the romney proposal would give breaks to the wealthy while putting a burden on the middle class. >> i know you and your running mate keep saying
MSNBC
Oct 2, 2012 8:00pm PDT
trillion tax cut by only eliminating deductions. >> there's an option. you could say everybody is going to get up to a deduction and you could use your home mortgage deduction or others, health care deduction and fill that bucket, if you will, the $17,000 bucket that way and higher income people might have a lower number. >> at least the plan has a name. it's the bucket plan. mitt romney will cap deductions at $17,000 for all americans. is that good for the middle class? do the math. for rich americans, the cap, it just might be lower than that. he was very vague on that point as well. the big problem with romney's bucket plan besides being hilarious is it would only cover $1 to $2 trillion of the $5 trillion tax cut. that's according to the tax policy center. they figured it out. even when romney gives specifics he doesn't answer the questions. e we still don't know how he plans to pay for the tax cuts without hurting the middle class. paul ryan is sticking to his reason for not giving any specifics to chris wallace on fox news. he said he had no time. >> i'm going to give you th
MSNBC
Oct 1, 2012 2:30am PDT
taxes but not blow up the deficit. >>> and no animals were harmed in the making of this video. skater dude meet deer. that clip later in the show. first to the news live at 5:30 a.m. at 30 rock in new york city. >>> we begin with stories from overseas where foreign policy is coming out as the central topic in the election with much of the recent focus on the attack on bengahzi, libya. romney advisers are split on how broadly they should hit the president over his handling of the attack and why it took so long to acknowledge it was an act of terrorism. some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous protest after an anti-islamic video. y
MSNBC
Oct 4, 2012 3:00am PDT
repeating it and ultimately hoping i'll believe it. >> for 18 months he's been running on this tax plan. and now five weeks before the election, he's saying that his big, bold idea is never mind. >> you said you get a deduction for taking a plant overseas? look, i've been in business for 25 years. i have no idea what you're talking about. i maybe need to get a new accountant, but the idea that you get a break for shipping jobs overseas is simply not the case. mr. president, you're entitled to your own airplane and your own house but not your facts. i don't have any plan to cut education funding and grants for people on going to college i'm continuing on growing. is it so critical it's worth paying to china? i apologize, mr. president. i use that term with all respect. okay, good. so i'll get rid of that. >> i don't know what he was doing out there. he had his head down. he was enduring the debate rather than fighting it. romney, on the other hand, came in with a campaign. he had a plan. he was going to dominate the time. he was going to be aggressive. he's going to push the moderat
MSNBC
Oct 5, 2012 3:00pm PDT
. he danced around on taxes, he danced around on medicaid. he even danced around on his own health insurance plan. >> the other night he said he'd repeal obama care as soon as he took office and then he backtracked and said, no, wait. at least i'll make sure to cover folks with pre-existing conditions. and then i've explained, well, actually, your plan doesn't do that. and then his campaign had to come out and say, actually, that's not true. our plan wouldn't do that. so governor romney was fact checked by his own campaign. that's right. that's right. >> romney got fact checked by his own campaign. it's pretty clear now that romney has backed himself into a corner and president obama tinds to keep him there. joining me now, dana milbank and erin mcpike. thanks for coming on the show. >> reverend. >> thank you. >> dana, did mitt romney leave himself open to some attacks? >> well, just a little bit, ref renld. i think if he continues on this trajectory, by the last debate, he's going to be considerably to the left of you. and he'll have a difficult time but, you know, i suppose he ma
MSNBC
Oct 7, 2012 4:30am PDT
tax plan already lowered taxes for 98% of families, i also lowered taxes for small businesses 18 times. and what i want to do is continue the tax rates, the tax cuts that we put into place for small businesses and families. >> i talked to a guy who has a very small business. he is in the electronics business in st. louis. he has four employees. he said he and his son calculated how much they pay in taxes. federal income, state sales tax, property tax cab gas tax, over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. >> what is main street's reaction? we have two of our most outspeaken regulars here to discuss. app entrepreneur and best-selling author, find him at rural 1 investing upon the com. carol roth, can you find her at carolroth.com. good to you you guy he. >> you too, j. >> i think it is clear that romney ran all over obama. from a small business owner's perspective he addressed the issues we have not seen addressed offer th
MSNBC
Oct 4, 2012 2:00pm PDT
the taxes paid by high income americans. with regards to young people coming along, i have got proposals to make sure medicare and social security are there for them without any question. number one, pre-existing conditions are covered under my plan. we've had 43 straight months with unemployment above 8%. if i'm president, i will create -- help create 12 million new jobs in this country with rising incomes. >> governor, i don't know how he got away with it. i don't know why the president didn't say it. he wants to get rid of the estate tax. the wealthiest people that got a quarter billion bucks in the bank, they want to keep it for their kids when they're gone. that's for the rich. 47%, he said people on social security are a bunch of bums and parasites. now he's saying i just want to save what they have. and this thing about pre-existing condition. he didn't tell the truth last night. he doesn't have a plan to cover it. >> he lied. >> his guy came out and made sure, he said he didn't mean to say that because he only meant people who already had a policy. obviously they do get
MSNBC
Oct 3, 2012 4:00pm PDT
him how he's going to stimulate economic growth by cutting taxes and getting rid of deductions? would you tell the american people exactly or even generally what you're actually going to do? >> well, i'm with you, chris. i think plat tuds and zingers don't work in a format like this. he has to have a good debate. he has to pass president obama in the polls if he's to be elected president, obviously. tonight, at a moment of peril for the country, where we have challenges abroad, severe challenges domestically, how do we restore our balance sheet in this country, how do we deal with the challenges abroad? we live in a serious time. and improvement and understanding in the race and transaction by question. >> just out today, the race is tied and obama up by seven and the latest nbc wall street journal poll. >> a new poll from telemundo, obama is up by 50, howard, among hispanics. let's go to howard fineman. back to my big question. he's had a terrible month or two. he does not look presidential. bill clinton and the president have been able to build up the notion that the economy'
MSNBC
Oct 3, 2012 3:00pm PDT
, especially tax policy. that's what we're going to be hearing more from him tonight, some specifics so that when a president bushes him, he's ready. >> now, one of the big gaffes or big mistakes, sin nilla, that we've seen from rom knee is this tape, the 47% and that's bound to come ut many say tonight, either from the president or from the moderator. bill clinton today, take a listen. >> i couldn't believe the other day when the president's opponent said 47% of american people who don't pay income tax just want to hang around and be president. we just have to wean them off because they don't want to pay income tax. now, a guy with a tax account in the cayman islands is attacking other people? when you really bust someone for what you did, it really takes a lot of gal, you know. >> now, that's former president clinton. will the president go after mitt romney tonight? do you think? >> well, it's hard to imagine that somebody, either jim lehrer or the president himself, won't bring up the 47% video because it has been devastating to romney. obama has used it in ads and it plays into the perce
MSNBC
Oct 8, 2012 3:00pm PDT
and suddenly mr. romney is ignoring the fact that his tax plan is a give away to the rich. the only problem, that's not the mr. romney who's running for president and this weekend newt gingrich, one of his top surrogates let the cat out of the bag. >> standing on the stage with you in arizona, this is what mitt romney said. number one, i said today we're going to cut taxes on everyone across the country by 20%, including the top 1%. mr. speaker, you mentioned that your opponent, mitt romney, had a problem with being dishonest and the primary of my question is, was he dishonest when he said that? >> i think it's clear he changed. >> clearly he's changed. another romney surrogate even admitted it. >> that's all you're seeing here. it's very typical. we we strong conservatives understand that. it's campaign strategy. >> it's typical. just campaign strategy. that's all you're seeing here. very typical. but here's the thing. the more he moves to the middle, the more hypocritical he looks. this weekend, moderate campaign with none other than congressman allen west. yes, the same allen wes
MSNBC
Oct 3, 2012 5:00pm PDT
you have revenue neutrality in these tax cuts he's talking about. his only plan for economic improvement in this country is to cut the taxes mainly of the rich. that's his only plan. the only defense of this strategy is he's going to get rid of loopholes. tell us that, governor. show us what you're going to do or stop talking. i think he's got to be that aggressive. but the main message is, show me your cards. stop bluffing. >> we have seen a little bit of telegraphing this week from mr. romney, that maybe he will put some details into his economic talk. he's started to float some new ideas about taxes that he never floated before. my question is whether or not he thinks the right place to unveil those is in a debate setting. surprise the president with something he's never said before or if he wants to save that stuff for a more controlled environment. that will tell us as much about his temperament and his strategy as it will about his plans. let me bring in lawrence o'donnell, chris. lawrence is in the spin room tonight, which i think has yet to begin to spin. lawrence, wh
MSNBC
Oct 8, 2012 4:00pm PDT
in the first debate because he denied the path he has chosen, denied the big tax cut from 35% down to 28% for people at the top bracket. the all-out elimination of the estate tax, the big-time cut in the corporate rate. he denied his plan to eliminate medicare, denied he would kill coverage for those with pre-existing conditions. he got away without bothering to deny his plan to let the automobile industry to go bankrupt and to dump 40 million people to wait in the emergency room. let's look at some of the latest polling in the wake of wednesday's debate. this afternoon pew released a poll that showed a dramatic shift toward romney. this poll covers the four days since the debate, and it has romney pulling even with president obama among registered voters, 46% even. four weeks ago pew had obama up by nine among registered voters, so this has been a huge shift in the pew poll. the move in the pew poll towards romney is greater among likely voters. romney is surging ahead to 49%. four weeks ago obama led among likely voters by eight. now to the latest gallup tracking poll which cover
MSNBC
Oct 2, 2012 8:00am PDT
. here are the facts. the $5 trillion tax plan that mitt romney and paul ryan put on the table, you can't pay for it without raising taxes on the middle class and raising taxes on seniors. the same economists who mitt romney referred to to back up his plan said you couldn't pay for it without eliminating the mortgage introduction which many middle class families rely on if they have more specifics, we are interested to hear those tomorrow night. so far we haven't heard how you pay for it without raising taxes on the middle class. >> as we look at a new quinnipiac poll, it's finding more of the majority of americans think the president will win the debates. the president has done his best to temper debate expectations looming out there, saying he's just an okay debater. is your campaign worried these high expectations could backfire on the president? >> the president will come into the debates prepared. mitt romney has been preparing for the debates earlier than any candidate we could find on record since july. it took the week of the convention to prepare for the debates. according
MSNBC
Oct 3, 2012 1:00pm PDT
hear a specific from mr. romney on how he plans for a revenue-neutral 20% tax cut across the board for every american? are we going to hear that tonight in. >> no, absolutely not. i think what you're going to hear and see is more of a tactic. sort of a communications tactic of making it sound like he's talking like a plan, like that 17,000 cap he threw out the other day and then his team walked that right back. probably -- >> karen, that's known as i've got a hole in my pocket, dear liza. >> that's right. you'll hear him talk about a number of these things as if it sounds like a plan, but without any specifics. i think what you'll see from the president is more specifics. again, the president actually has a record to talk about. i mean, put forward a health care plan. happened to be, you know, based on mitt's, but whatever. he has a jobs plan, a number of things of specifics he can point to whereas romney doesn't. i think that will be part of the contrast the president will be going for. i think romney's only defense on that, since i don't think he'll give us specifics, is rhetoric
MSNBC
Oct 4, 2012 2:00am PDT
said. i'm not in favor of a $5 trillion tax cut. my plan is not to add to the deficit. >> romney proposed making the bush tax cuts permanent for all levels. he would repeal the alternative minimum tax and the estate tax. the snon-partisan tax said it would cost $4.8 trillion over ten years. romney said his plan would be paid for. to pay for the cuts, he would have to close loopholes in the tax codes and get red of deductions and credits. he hasn't said which he'd get rid of, saying he would work with congress. president obama said his plan would cut the deficit by $4 trillion. >> we all know we have to do more. so, i put forward a specific $4 trillion deficit reduction plan. it's on a website. you can look at all the numbers, what cuts we make and what revenue we raise. >> that comes from the budget and policy priorities. the president is counting money saved by letting the bush tax cuts expire for people making more than $250,000 a year. he's counting $1 trillion in savings but cutting down the wars in iraq and afghanistan. the committee for responsible budget called that a gimm
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